Answered: Estimate the true proportion of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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***NOTE*** I asked this question today and got the wrong ansewer. The answer is not 0.207, 0.315 or 0.261, 0.054

Students Who Major in Business It has been reported that 20.4%

of incoming freshmen indicate that they will major in business or a related field. A random sample of 360 incoming college freshmen were asked their preference, and 94 replied that they were considering business as a major.

Estimate the true proportion of freshman business majors with

98% confidence. Round intermediate calculations to three decimal places and final answers to one decimal place.

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